Cheap Homes for Rent in Lakewood Neighborhood of New Orleans, LA from $800 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lakewood area of New Orleans.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 8810 Oleander St

8810 Oleander St

New OrleansLA70118
property at 8812 Oleander St

8812 Oleander St

New OrleansLA70118
property at 844 Roosevelt Pl

844 Roosevelt Pl

New OrleansLA70119

When Life Happens: Your Options for Ending a Rental Lease Early

Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

property at 2500 Monroe St

2500 Monroe St

New OrleansLA70118

Lakewood, New Orleans, LA Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of New Orleans, LA is a 2 Beds unit found at Marquis priced from $717. Lake Villa has the second lowest priced unit, which is a Studio apartment currently listed from $789. Here are the most affordable Lakewood apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
MarquisB32BR,2BA$717
Lake VillaStudioStudio,1BA$789
Esplanade at City ParkNAPOLEONStudio,1BA$1,050

Best Value Apartments for Rent in Lakewood, LA

As of August 01, 2025 the best value apartment in the Lakewood area is the $0.96 price per square foot 320 S Dupre St Model at 320 S Dupre St, Unit 320 in the in the Mid-City neighborhood starting from $1,495. The second greatest value Lakewood apartment is the 3 Bedrooms, 2 Baths Model at Wilshire Heights starting at $1,794 with a $1.18 price per square foot in the Navarre neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
320 S Dupre St, Unit 320320 S Dupre St3BR,1BA$0.96
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.18
2323 Leonidas St, Unit Beautiful Shared Living2323 Leonidas St1BR,1BA$0.81
Daytona3 Bedrooms, 2 Baths3BR,2BA$1.30
209 Pine St, Unit 10209 Pine St2BR,1.5BA$1.21
424 Deckbar Ave, Unit A424 Deckbar Ave2BR,2.5BA$1.41
Metairie Plaza Apartments2 Beds, 2 baths2BR,2BA$1.16
4722 Palmyra St4722 Palmyra St2BR,1BA$1.30
MarquisA11BR,1BA$1.60
Magnolia Ridge ApartmentsA-41BR,1BA$1.75

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Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 249 Apartments for Rent in Lakewood, LA with pricing that ranges from $717 to $7,470. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $850 to $4,200.

What is the current price range for Rental Homes in Lakewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $850 to $4,200 with an average monthly rent of $2,151.

How much are larger Three and Four Bedroom Rentals in Lakewood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,495 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,200. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,450.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans

Written by: Melissa Maxwell

New Orleans is known as The Big Easy, but it's not always easy on the wallet! It's a city built around attracting tourists, so naturally everything is going to be on the pricey side.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.